May 16, 2024
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Crypto

US crypto super PACs have raised more than $100 million, report says

  • May 6, 2024

By Hannah Lang (Reuters) – Outside political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S. congressional elections in order to elevate candidates who are friendly to digital assets, according to a report from Public Citizen. WHY IT’S IMPORTANT Only two other political groups, or super

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Finance

Gensler sounds AI finance alarm

  • January 17, 2024

SEC Chair Gensler warns of AI ‘monoculture’ financial risks Securities and Exchange Commission (SEC) Chair Gary Gensler says a centralized artificial intelligence (AI) market with just a handful of models that financial actors rely on could lead to a fragile financial system. Gensler, speaking in a virtual fireside chat hosted by Public Citizen, said he

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